ECB's plans to revive bank lending leave economists unconvinced: Reuters poll

(Reuters) - Bank lending to private euro zone businesses needs to grow at a 3 percent annual rate on a sustained basis in order to stir inflation, according a Reuters poll of economists who say that is not likely to happen.

Draghi Sees Some Progress on Euro-Area Bank Lending

European Central Bank President Mario Draghi said that officials are seeing “progress” in lending as a slump in credit eases and surveys signal improvement in loan demand.